A one-bedroom basement flat in Hove has been listed for auction with a guide price that property experts describe as “almost unheard of” for its size and location. The property at 51 York Road, situated within the BN3 postcode area, is set to go under the hammer later this month.
The flat covers approximately 600 square feet and features a private street entrance. It is being offered with full vacant possession and a 125-year lease. With a guide price of £234,000, the listing sits significantly below the typical market average for similar one-bedroom properties in the area, which often command prices closer to £325,000.
Simon Bailey, Head of UK Auctions at BidX1, noted that finding a self-contained property of this scale for under £250,000 in this part of Hove is rare. He suggested the price point represents a notable opportunity for first-time buyers or investors looking to enter the East Sussex market.
Auction details and registration
The sale will be conducted through an online auction scheduled for Wednesday, 23 September 2026. Unlike traditional auctions, the digital platform allows for real-time bidding from registered participants across the country.
Prospective buyers are required to register through the BidX1 website before the auction date to participate. The registration process typically involves providing identification and a bidder security deposit. Legal documentation, including the local authority searches and the leasehold agreement, is available for review on the auctioneer’s digital portal.
York Road is located close to Hove’s seafront and within walking distance of both the Western Road shopping district and Hove railway station, making it a highly sought-after location for commuters and local professionals.
Viewing times are currently being coordinated through the auctioneer. Interested parties are advised to complete their due diligence and inspect the legal pack well in advance of the 23 September deadline, as auction contracts are legally binding upon the fall of the electronic gavel.